It’s never too soon to start thinking about how you’re going to build a business case to support investing in a new solution. The case will involve working with internal stakeholders to quantify how success will be measured once you’ve selected a solution. This may vary by group, so it’s essential to understand the specific goals before you start evaluating solutions.
Make sure to quantify both tangible and intangible costs that are related to your business needs, using these questions as a starting point:
- How much will the solution cost per user per year and will this increase over time as usage increases?
- How much will it save?
- How will this help the organization deliver better results?
- How will it enable better decision making?
- How will I get my organization to make this investment?
Increased visibility will keep resources optimized against priorities and maximize investments:
- Replace and consolidate outdated solutions
- Improve budget management and resource utilization
- Faster time to market
- Improve delivery quality and lower support costs
More accurate and timely project data will increase transparency and improve decision making:
- Reduce time required to understand status across the full project portfolio
- Know what resources are working on at all times
- Automate routine processes to save time, reduce errors, and increase process compliance
- Understand capacity available to take on new work and identify skill gaps preventing growth
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